Washington Trust provides $11 million in financing to Track 15 Operating, LLC for transformation of former Union Station into reimagined food hall

Washington Trust’s Commercial Banking Group recently provided $11 million in financing to Track 15 Operating, LLC for construction and equipment financing for Track 15, an 18,000 square foot food hall located in the former Union Station, One Union Station, Providence, R.I. 

Paying homage to the station’s history, Track 15 is the most recent “track” to be added to the 14 original railways that once existed in the terminal. The space features seven Rhode Island-based restaurateurs each offering a unique and delicious concept. Guests can try modern Indian from Little Chaska, Middle Eastern cuisine from Tolia, seafood from Dune Brothers, Mexican from Dolores, burgers from There, There, Italian from Giusto PVD, and pizza from Mother Pizzeria PVD, all while enjoying a large central bar, a variety of seating for more than 300 patrons, an entertainment venue, and a soon-to-open 10,000 square foot plaza for outdoor seating and special events.

“Washington Trust is proud to provide financing to help our customers reimagine this historic space as an exciting destination-oriented dining experience like no other in Rhode Island,” said Edward O. “Ned” Handy III, Washington Trust’s Chairman and Chief Executive Officer, “More importantly, the food market will not only be home to several local food purveyors, but will also create a sense of community connecting Waterplace Park, the Riverwalk system, and the city’s Financial District” 

"We're grateful to Washington Trust for believing in this project from the beginning," said Christopher Marsella, President, Marsella Development Corporation. “Track 15 represents a unique investment in downtown Providence, and we appreciate the Bank's ongoing support of our vision."

Washington Trust’s commercial banking group offers a full line of commercial and industrial lending, commercial real estate lending, not-for-profit and municipal lending and cash management services to leading companies, real estate developers, not-for-profits, and municipalities throughout the Northeast. For more information, contact Scott McCaughey, Senior Vice President and Team Leader, Commercial Banking, at 401-654-4872.